INSEAD Day 4 - 728x90

release

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor Resilience Index (GLRI) 2024. As the world confronts the profound challenges of global warming and the urgency of transitioning to a sustainable future, the impact on labor markets looms large,...
  • BRICS to launch bonds worth US$28bn in local currencies

    Tehran, Iran-- BRICS is preparing to launch new bonds in global markets, which will be available in local currencies rather than in the US dollar The BRICS bank, known as the New Development Bank (NDB), will soon release the bonds called ‘Maharaja Bonds’ worth $28 billion, IRNA reported on Sunday...
  • France president calls for talks to release Gaza hostages

    In a video posted online and broadcast at a meeting in Tel Aviv in support of the hostages, Emmanuel Macron said that France does not abandon its children and "that is why we have to resume negotiations again and again for their release." He said that France is determined that...
  • 85 animals set free at Prince Mohammed bin Salman Royal Reserve

    RIYADH, SAUDI ARABIA - The National Center for Wildlife, in cooperation with the Prince Mohammed bin Salman Royal Reserve released 85 endangered animals, the first batch in the 2023-2024 season. The release is part of the center's program with increasing and relocating endangered wild animals, restructuring ecosystems, and enriching the...
  • Expat remittances in Saudi Arabia fall to $2.6bn in September

    RIYADH, SAUDI ARABIA - Remittances by expatriates in Saudi Arabia dropped 13 percent year-on-year (YoY) to US$2.6 billion (SAR 9.9 billion) in September, according to recent data released by the Saudi Central Bank (SAMA). On a month-on-month (MoM) basis, expat remittances in the Kingdom declined 8 percent, or US$229 million...
  • Mediation will lead to Hamas hostage releases very soon: Qatar

    Berlin, Germany--Qatar, a key power in the efforts to release hostages seized by Hamas from Israel, believes they can be released "very soon" thanks to ongoing discussions, a Qatari Foreign Ministry spokesman told the German Welt am Sonntag newspaper Saturday. Doha's mediation played a key role in the release on Friday...
  • Egypt court upholds jail sentence for prominent dissident

    Cairo, Egypt--An Egyptian court on Saturday denied an appeal by prominent dissident Hisham Kassem against his jail sentence, his lawyer said, after lawmakers rejected a European Parliament resolution urging his release. "The court has decided to uphold the judgement that was under appeal," Kassem's lawyer Nasser Amin said on Facebook. Kassem...
  • Egyptian President Sisi pardons jailed activist Ahmed Douma

    Egyptian activist Ahmed Douma, a leading figure of the country's 2011 uprising who has spent the last decade behind bars, has been granted a presidential pardon, lawyers said. "President Abdel Fattah al-Sisi... has used his constitutional powers" to pardon several prisoners including Douma, said Tarek Elawady, a member of the...
  • British lawmakers call for ‘fresh approaches” to seek Egyptian dissident’s release

    London, United Kingdom--Over 100 British lawmakers on Monday expressed concern at the lack of progress in the case of a jailed British-Egyptian activist and urged the UK government to adopt "fresh approaches" to secure his release. Alaa Abdel Fattah -- a key figure in the 2011 revolt that topped Egyptian autocrat...
  • Myanmar’s junta sets free over 2,000 political prisoners

    The junta said in a statement that pardons were granted to 2,153 prisoners to mark the birth anniversary of the Buddha as dozens of people turned up outside the prison to greet their relatives. Thousands of protestors and activists have been arrested since the February 2021 putsch ended the country's...
  • French foreign minister has rare meeting with Iranian counterpart in China

    France's foreign minister has held a rare face-to-face meeting with her Iranian counterpart in China, urging Tehran to release French nationals "arbitrarily detained" in Iran, the foreign ministry said. Catherine Colonna, traveling with French President Emmanuel Macron on his state visit to China, met Hossein Amir-Abdollahian in Beijing.
  • Iran releases celebrity chef held in crackdown, say activists

    PARIS, FRANCE - Iran has released a prominent chef and Instagram influencer who was detained earlier this month in its crackdown on nationwide protests, a human rights groups and supporters said. Navab Ebrahimi, known for his videos promoting Persian cooking, was arrested in Tehran on January 4 and taken to the...
  • UN terms detention of Moroccan journalist “arbitrary”

    The UN experts said publishing the column was a matter of freedom of expression, and concluded that he had been "detained for peacefully exercising that right".
  • Prisoner exchange deal reached with US, claims Iran; Washington silent

    Iran and United States have arrived at a deal to exchange prisoners and unfreeze Iranian funds abroad, according to media reports. The deal includes freedom for eight people held in the custody of two countries. The exchange will follow a UN statement last week that a former UNICEF official was...
  • Palestinian Authority raid sparks West Bank clashes

    A rare operation by the Palestinian Authority security forces to arrest a Hamas member sparked clashes in the West Bank city of Nablus on Tuesday, killing one. A statement from the security forces confirmed the death of Firas Yaish and said they were "waiting for a medical report," on the...
  • International coalition of journalists demands Assange release from UK jail

    An international coalition of journalists, editors and publishers demanded Wednesday that WikiLeaks founder Julian Assange be immediately released from a UK jail and that all charges against him be dropped. Fifteen representatives of international journalist and publishers' unions and organisations gathered in Geneva for the "call to free Julian Assange...
  • Eygpt releases nine Coptic Christians detained for three months

    Egyptian state security released nine Coptic Christians who had been detained for nearly three months following a protest demanding the rebuilding of their church, rights groups said Sunday. They were released on Sunday morning, the day that Coptic Christians celebrate Easter, the village priest told AFP.
  • Algeria pardons over 1,000 convicts, releases 70 Hirak detainees

    Algerian President Abdelmadjid Tebboune on Sunday pardoned over 1,000 convicts and ordered "clemency measures" for 70 people detained over links to the country's Hirak protest movement, to coincide with Ramadan. Tebboune signed "a presidential decree pardoning 1,076 convicted detainees" on the occasion of the start of  Ramadan, the presidency said,...
  • Tehran demanded $36,500 to release UK/Iran national: family

    The family of a UK/Iranian man freed this week after spending five years in a Tehran jail were forced to pay Iran $36,500 in order to secure his return home, they said Saturday. Anoosheh Ashoori, a retired engineer from southeast London, was jailed for 10 years on charges of spying...
  • UAE orders release of prisoners to mark National Day on Dec. 2

    The President of the United Arab Emirates Sheikh Khalifa bin Zayed Al Nahyan ordered the release of 870 prisoners on Sunday.
  • Israel couple accused of spying in Turkey back home after release

    Mordi and Natali Oknin were detained last week after visiting the newly opened Camlica Tower -- Istanbul's tallest building.
  • Saudi releases ex-death row prisoner Zaher: rights groups

    Saudi authorities released Abdullah al-Zaher, a citizen from the Shiite minority whose death sentence was later commuted, after years in prison for participating in anti-government protests, human rights groups said.
  • Iran says it has freed ‘considerable’ number of arrested water protesters

    The move comes barely days after Human Rights Watch urged Iran to unconditionally release all water protesters it had detained.
  • Rights organisations demand Bahrain release opposition figure on hunger strike

    Sixteen organisations -- including Amnesty and BIRD -- called on Bahraini authorities to release Abduljalil al-Singace, who is serving a life sentence for his involvement in a 2011 uprising.
  • Egypt to release megaship that blocked Suez after new compensation deal

    Suez Canal Authority reached a final deal on compensation Cairo lost between $12m-$15m in revenues for each day of blockage  CAIRO: Egypt is set to release the MV Ever Given on Wednesday, over 100 days since the megaship was refloated after blocking the Suez Canal for six days, crippling global...